Hud Home Store Bid Results
I would make the offer, it doesn't hurt to try. From what I've seen
with HUD is they won't take a certain % below the list price as an
offer. I'm not sure what the % is and am curious to know what that is.
Is there anyway you can do a light rehab and sell the property for less
and adjust the numbers any to increase your chances in getting the
house? You would have to see what other owner occupied houses are
selling for or other lived in short sales and that should be the price
to sell. I just did a light rehab and my profit will be $30K and my
rehab was only $5k. I've been noticing a lot of our short sale listings
are selling at really high prices lately and if you offer a non short
sale at the same price yours will sell fast.
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